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20121205
20121205
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CNBC 5
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Search Results 0 to 4 of about 5
CNBC
Dec 4, 2012 7:00pm EST
of the biggest unions larry. he said in western europe, they may have higher unemployment but they have less inequality. this is what the agenda is all about. in a practical way, suppose you have a successful person. he or she want to build a house. to do that you might hire 15, 20, 25 people. you got a whole army of people who would go to work. but if you get taxed, you might not guy that house. and you won't build. that is the kind of logic i'm not hearing. dow think they get that? >> they don't. i saw lincoln. remember during the debate in 2008 charlie gibson asked the then president obama why raise capital gains? he said it is about social justice and fairness. it doesn't matter that it doesn't work. what counts to these people is class and attacking this rich guy and this poor person who doesn't have much money. but the guy is on the margin of poverty. would love to go to work as a landscaper in this hypothetical home that i am describing. the guy on the margin, they would love to work like that. so, there is a connection there and i don't see why washington our friends on the democrati
CNBC
Dec 5, 2012 6:00pm EST
for american utilities. and that's why i'm naming it my new favorite railroad. even over and above union pacific, which is always been my favorite. don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway -- kansas city southern also saw some exposure to the bakken shale. they found so much oil, they need to ship it via train in order to get a decent price because there's not enough pipe yet, not enough pipe laid from north dakota to the rest of the country. and the company owns half of the panama canal railway which provides ocean to ocean service along the canal. they have fantastic management. david starling was named railroader of the year for 2012. this stock is taking you for a fabulous ride. i got the idea from brian ashenberg who writes the letter for the street.com. he gave us a lot at a really low price, a lot of good ideas. brian first got buying kansas city southern a while ago. the stock's given his news letter 360% return, but the stock's only up 14% in the last 12 months. i think many of the earnings esti
CNBC
Dec 5, 2012 4:00am EST
picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> a recap of the headlines. the fiscal fight rages on in washington as republicans try to fend off an internal divide. shanghai stocks jump after china's government plengs to support pro-growth economic reforms. chancellor osborne preparing to deliver his autumn statement. thousands of egyptians are still cam
CNBC
Dec 5, 2012 3:00pm EST
closing bell." we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> you see the dow and s&p higher but nasdaq lower. apple almost single handedly keeping the composite in the red today. horrible day for that sock. plus, the nasdaq gets another black eye launching an ipo. seema mody has details. >> apple the big. story. shares getting close to a death cross, which is when its 50-day moving average crosses its 200-day. analysts reacting. brian marshall says apple is cheap and attractive here, but damage has been done with that recent 20% slide from its recent high. shares down about 4.7%. whitehorse finance was set to debut and ipo today. due to a human error, it was delayed. appa
CNBC
Dec 5, 2012 6:00am EST
is considered crucial for greece's efforts to resolve the financial problem. >>> and the european union has fined tv and computer monitor makers about $2 billion saying those companies fixed monitor tube prices for a decade which ended in 2006 talking about companies like philips, lg, and panasonic among the companies fined. philips, which was assessed the biggest chunk of the penalty says it will appeal the ruling. >>> and mortgage applications rose 4.5% last week according to new figures from the mortgage bankers association. most of the increase was accounted for by a rise in refinancing activity. >>> all right. the dollar hitting a six-week low on uncertainty about whether a budget deal would be reached. meantime, oil continues to trade below $90 a barrel. joining us this morning, chief market strategist at worldwide markets. also kevin book who is managing director at clear view energy partners. and joe, let's start off talking about the dollar. i can't make heads or tails of why the dollar is under so much pressure. i know things are bad here, we're worried about the fiscal cliff. but
Search Results 0 to 4 of about 5